Gold sector is the best bet right now after two days sharp up.
I got some in on Thursday while it was perfect to get into on Wednesday (Feb. 9) if you look at the candle.
Now it may be in a medium-term (a few months) bottom. Let us examine a few charts. I was just looking at the previous message and interesting to see that MDG 9 and 12 ema went from above 12 and 26 ema into below just a few days before big turn around and now they are above respectively again.
Look at daily $gold, $silver and a strong stocks.
$GOLD
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--9 and 12 not over 12 and 26 yet, also +DI and -DI not cross yet. And not tet touch 50 sma.
$SILVER
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--beautiful chart, 9 and 12 are over, and price are aboth 50, 200 sma. Only thing is 20 sma is not over 50 sma yet.
$USD
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--9 and 12 are still above, but price is below 200 sma
$HUI
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--9 and 12 still under, price above 200 sma, but just stopped at 50 sma. Three white candle, very bullish.
$XAU
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--just stopped at 50 day sma.
NEM
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--still has room to go. Price still below 200 and 50 day sma.
MDG
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
-- This is a very strong gold stock, all bullish indicator. Price above 20, 50 and 50 day sma. 9 and 12 ema are above 12 and 26 ema. I don't like Friday's candle, particularly seems double top to me.
NG
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--similar to NG. Very similar. Watch these two closedly, Friday's candle not particularly encournging.
PDG
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--also stopped at 50 day ema. 9 ema almost is going to cross 12 ema. If I want to buy now, I will buy this one. Price just above 200 day sma.
BGO
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--+DI and -DI not cross yet. Has lot of room to go.
WTZ
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--good chart, price above 50 and 200 day sma. 9 and 12 are above. And probably the only one which 20 sma is above 50 sma. It will chanllenge the previous high of $11.65.
SSRI
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--great chart, the only thing is +DI is aapproaching high.
PAAS
stockcharts.com[w,a]daclyyay[d20040812,20050212][pc9!c12!c26!b20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
--I don't like the Friday's candle. |
